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EUR/USD Intraday: Trend at a crossroads
Aug 17, 2026 10:01 PM
The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets
Our pivot point is at 1.1590.
Our preference:
The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets
Alternative scenario:
above 1.1590, look for 1.1610 and 1.1622.
Comment:
The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
1.1622 **
1.1610 *
1.1590 **
1.1578 last
1.1548
1.1536 **
1.1524 *
Our preference:
The downside prevails as long as 1.1590 is resistance, with 1.1548 and 1.1536 as targets
Alternative scenario:
above 1.1590, look for 1.1610 and 1.1622.
Comment:
The asset's price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory.
Supports and resistances:
1.1622 **
1.1610 *
1.1590 **
1.1578 last
1.1548
1.1536 **
1.1524 *
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